{
  "company": "PLTR",
  "name": "Palantir",
  "period": "2026 Q2",
  "period_end": "2026-06-30",
  "disclosure_date": "2026-08-03",
  "verified_at": "2026-09-06",
  "raw_unit": "USD million",
  "display_unit": "亿美元",
  "divisor": 100,
  "sources": {
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      "url": "https://ir.aboutamazon.com/news-release/news-release-details/2026/Amazon-com-Announces-Second-Quarter-Results/default.aspx",
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      "bytes": 652624,
      "verified_at": "2026-09-06",
      "usage": "PRIMARY_SOURCE"
    },
    "pltr_q2": {
      "url": "https://investors.palantir.com/news-details/2026/Palantir-Reports-",
      "file": "pltr_q2.html",
      "sha256": "27874b155bd75cb453028d0f21440af0acc2f5c0dd5679b2d1cec69445c47e58",
      "bytes": 6701,
      "verified_at": "2026-09-06",
      "usage": "NOT_DATA_SOURCE_HTML_SHELL"
    },
    "pltr_pdf": {
      "url": "https://investors.palantir.com/files/2026%20Q2%20PLTR%2010-Q.pdf",
      "file": "pltr_pdf.pdf",
      "sha256": "25a3eb60f8875f9374bc67da8cc40d53dd6a93827caddc87b118376d51ca436b",
      "bytes": 1507021,
      "verified_at": "2026-09-06",
      "usage": "PRIMARY_SOURCE"
    },
    "sk_release": {
      "url": "https://news.skhynix.com/en/q2-2026-business-results/",
      "file": "sk_release.html",
      "sha256": "1ebe2bfae67904e4455164da7a4794a5d9637bacae8b13317de8fae3ea7809be",
      "bytes": 152951,
      "verified_at": "2026-09-06",
      "usage": "PRIMARY_SOURCE"
    },
    "pltr_release": {
      "url": "https://www.sec.gov/Archives/edgar/data/1321655/000132165526000039/a2026q2ex991pressrelease.htm",
      "verified_at": "2026-09-06",
      "snapshot_type": "WEB_VERIFIED_EXCERPTS_IN_METRICS"
    },
    "sk_pdf": {
      "url": "https://mis-prod-koce-homepage-cdn-01-blob-ep.azureedge.net/web/attach/13571040283022005.pdf",
      "sha256": "332909850fc2c95989b5f4d7c4385fbf9f36bb6d1f60585430daa7edabc3eee5",
      "file": "../../tmp/pdfs/skhynix-q2-2026/2Q26_Earnings_Presentation_ENG.pdf",
      "verified_at": "2026-09-06",
      "snapshot_type": "EXISTING_OFFICIAL_PDF_IR_LINK_CONFIRMED_CURRENT_DOWNLOAD_403"
    }
  },
  "metrics": {
    "revenue": {
      "id": "revenue",
      "label": "营业收入",
      "value": 1935.464,
      "source": "pltr_pdf",
      "location": "PDF p.4, Revenue, numeric column 0; USD thousands / 1000",
      "source_excerpt": " Revenue   $   1,935,464   $   1,003,697   $   3,568,047   $   1,887,552 ",
      "classification": "ACTUAL",
      "unit": "USD million",
      "period": "2026 Q2",
      "basis": "GAAP",
      "excerpt": " Revenue   $   1,935,464   $   1,003,697   $   3,568,047   $   1,887,552 "
    },
    "cost": {
      "id": "cost",
      "label": "营业成本",
      "value": 296.87,
      "source": "pltr_pdf",
      "location": "PDF p.4, Cost of revenue, numeric column 0; USD thousands / 1000",
      "source_excerpt": "Cost of revenue   296,870   192,934   512,668   365,904 ",
      "classification": "ACTUAL",
      "unit": "USD million",
      "period": "2026 Q2",
      "basis": "GAAP",
      "excerpt": "Cost of revenue   296,870   192,934   512,668   365,904 "
    },
    "gross": {
      "id": "gross",
      "label": "毛利润",
      "value": 1638.594,
      "source": "pltr_pdf",
      "location": "PDF p.4, Gross profit, numeric column 0; USD thousands / 1000",
      "source_excerpt": "Gross profit   1,638,594   810,763   3,055,379   1,521,648 ",
      "classification": "ACTUAL",
      "unit": "USD million",
      "period": "2026 Q2",
      "basis": "GAAP",
      "excerpt": "Gross profit   1,638,594   810,763   3,055,379   1,521,648 "
    },
    "sales": {
      "id": "sales",
      "label": "销售及营销",
      "value": 339.5,
      "source": "pltr_pdf",
      "location": "PDF p.4, Sales and marketing, numeric column 0; USD thousands / 1000",
      "source_excerpt": "Sales and marketing   339,500   243,788   658,720   480,097 ",
      "classification": "ACTUAL",
      "unit": "USD million",
      "period": "2026 Q2",
      "basis": "GAAP",
      "excerpt": "Sales and marketing   339,500   243,788   658,720   480,097 "
    },
    "rd": {
      "id": "rd",
      "label": "研发费用",
      "value": 192.513,
      "source": "pltr_pdf",
      "location": "PDF p.4, Research and development, numeric column 0; USD thousands / 1000",
      "source_excerpt": "Research and development   192,513   135,043   353,494   269,932 ",
      "classification": "ACTUAL",
      "unit": "USD million",
      "period": "2026 Q2",
      "basis": "GAAP",
      "excerpt": "Research and development   192,513   135,043   353,494   269,932 "
    },
    "sga": {
      "id": "sga",
      "label": "一般及管理",
      "value": 194.577,
      "source": "pltr_pdf",
      "location": "PDF p.4, General and administrative, numeric column 0; USD thousands / 1000",
      "source_excerpt": "General and administrative   194,577   162,615   377,163   326,254 ",
      "classification": "ACTUAL",
      "unit": "USD million",
      "period": "2026 Q2",
      "basis": "GAAP",
      "excerpt": "General and administrative   194,577   162,615   377,163   326,254 "
    },
    "opex": {
      "id": "opex",
      "label": "营业费用",
      "value": 726.59,
      "source": "pltr_pdf",
      "location": "PDF p.4, Total operating expenses, numeric column 0; USD thousands / 1000",
      "source_excerpt": "Total operating expenses   726,590   541,446   1,389,377   1,076,283 ",
      "classification": "ACTUAL",
      "unit": "USD million",
      "period": "2026 Q2",
      "basis": "GAAP",
      "excerpt": "Total operating expenses   726,590   541,446   1,389,377   1,076,283 "
    },
    "op": {
      "id": "op",
      "label": "营业利润",
      "value": 912.004,
      "source": "pltr_pdf",
      "location": "PDF p.4, Income from operations, numeric column 0; USD thousands / 1000",
      "source_excerpt": "Income from operations   912,004   269,317   1,666,002   445,365 ",
      "classification": "ACTUAL",
      "unit": "USD million",
      "period": "2026 Q2",
      "basis": "GAAP",
      "excerpt": "Income from operations   912,004   269,317   1,666,002   445,365 "
    },
    "interest": {
      "id": "interest",
      "label": "利息收入",
      "value": 77.505,
      "source": "pltr_pdf",
      "location": "PDF p.4, Interest income, numeric column 0; USD thousands / 1000",
      "source_excerpt": "Interest income   77,505   56,255   143,899   106,696 ",
      "classification": "ACTUAL",
      "unit": "USD million",
      "period": "2026 Q2",
      "basis": "GAAP",
      "excerpt": "Interest income   77,505   56,255   143,899   106,696 "
    },
    "other_income": {
      "id": "other_income",
      "label": "其他净收益",
      "value": 91.836,
      "source": "pltr_pdf",
      "location": "PDF p.4, Other income (expense), net, numeric column 0; USD thousands / 1000",
      "source_excerpt": "Other income (expense), net   91,836   6,596   160,045   3,423 ",
      "classification": "ACTUAL",
      "unit": "USD million",
      "period": "2026 Q2",
      "basis": "GAAP",
      "excerpt": "Other income (expense), net   91,836   6,596   160,045   3,423 "
    },
    "pretax": {
      "id": "pretax",
      "label": "税前利润",
      "value": 1081.345,
      "source": "pltr_pdf",
      "location": "PDF p.4, Income before provision for income taxes, numeric column 0; USD thousands / 1000",
      "source_excerpt": "Income before provision for income taxes   1,081,345   332,168   1,969,946   555,484 ",
      "classification": "ACTUAL",
      "unit": "USD million",
      "period": "2026 Q2",
      "basis": "GAAP",
      "excerpt": "Income before provision for income taxes   1,081,345   332,168   1,969,946   555,484 "
    },
    "tax": {
      "id": "tax",
      "label": "所得税",
      "value": 15.383,
      "source": "pltr_pdf",
      "location": "PDF p.4, Provision for income taxes, numeric column 0; USD thousands / 1000",
      "source_excerpt": "Provision for income taxes   15,383   3,596   27,582   9,195 ",
      "classification": "ACTUAL",
      "unit": "USD million",
      "period": "2026 Q2",
      "basis": "GAAP",
      "excerpt": "Provision for income taxes   15,383   3,596   27,582   9,195 "
    },
    "net": {
      "id": "net",
      "label": "合并净利润",
      "value": 1065.962,
      "source": "pltr_pdf",
      "location": "PDF p.4, Net income, numeric column 0; USD thousands / 1000",
      "source_excerpt": "Net income   1,065,962   328,572   1,942,364   546,289 ",
      "classification": "ACTUAL",
      "unit": "USD million",
      "period": "2026 Q2",
      "basis": "GAAP",
      "excerpt": "Net income   1,065,962   328,572   1,942,364   546,289 "
    },
    "nci": {
      "id": "nci",
      "label": "少数股东损益",
      "value": 4.072,
      "source": "pltr_pdf",
      "location": "PDF p.4, Less: Net income attributable to noncontrolling interests, numeric column 0; USD thousands / 1000",
      "source_excerpt": "Less: Net income attributable to noncontrolling interests   4,072   1,845   9,947   5,531 ",
      "classification": "ACTUAL",
      "unit": "USD million",
      "period": "2026 Q2",
      "basis": "GAAP",
      "excerpt": "Less: Net income attributable to noncontrolling interests   4,072   1,845   9,947   5,531 "
    },
    "net_common": {
      "id": "net_common",
      "label": "普通股股东净利润",
      "value": 1061.89,
      "source": "pltr_pdf",
      "location": "PDF p.4, Net income attributable to common stockholders, numeric column 0; USD thousands / 1000",
      "source_excerpt": "Net income attributable to common stockholders   $   1,061,890   $   326,727   $   1,932,417   $   540,758 ",
      "classification": "ACTUAL",
      "unit": "USD million",
      "period": "2026 Q2",
      "basis": "GAAP",
      "excerpt": "Net income attributable to common stockholders   $   1,061,890   $   326,727   $   1,932,417   $   540,758 "
    },
    "revenue_prior": {
      "id": "revenue_prior",
      "label": "上年收入",
      "value": 1003.697,
      "source": "pltr_pdf",
      "location": "PDF p.4, Revenue, numeric column 1; USD thousands / 1000",
      "source_excerpt": " Revenue   $   1,935,464   $   1,003,697   $   3,568,047   $   1,887,552 ",
      "classification": "ACTUAL",
      "unit": "USD million",
      "period": "2025 Q2",
      "basis": "GAAP",
      "excerpt": " Revenue   $   1,935,464   $   1,003,697   $   3,568,047   $   1,887,552 "
    },
    "op_prior": {
      "id": "op_prior",
      "label": "上年营业利润",
      "value": 269.317,
      "source": "pltr_pdf",
      "location": "PDF p.4, Income from operations, numeric column 1; USD thousands / 1000",
      "source_excerpt": "Income from operations   912,004   269,317   1,666,002   445,365 ",
      "classification": "ACTUAL",
      "unit": "USD million",
      "period": "2025 Q2",
      "basis": "GAAP",
      "excerpt": "Income from operations   912,004   269,317   1,666,002   445,365 "
    },
    "net_prior": {
      "id": "net_prior",
      "label": "上年合并净利润",
      "value": 328.572,
      "source": "pltr_pdf",
      "location": "PDF p.4, Net income, numeric column 1; USD thousands / 1000",
      "source_excerpt": "Net income   1,065,962   328,572   1,942,364   546,289 ",
      "classification": "ACTUAL",
      "unit": "USD million",
      "period": "2025 Q2",
      "basis": "GAAP",
      "excerpt": "Net income   1,065,962   328,572   1,942,364   546,289 "
    },
    "gov": {
      "id": "gov",
      "label": "政府业务",
      "value": 990.032,
      "source": "pltr_pdf",
      "location": "PDF p.19, Government revenue, numeric column 0; USD thousands / 1000",
      "source_excerpt": " Government revenue   $   990,032   $   552,983   $ 1,848,442   $ 1,039,946 ",
      "classification": "ACTUAL",
      "unit": "USD million",
      "period": "2026 Q2",
      "basis": "GAAP",
      "excerpt": " Government revenue   $   990,032   $   552,983   $ 1,848,442   $ 1,039,946 "
    },
    "gov_prior": {
      "id": "gov_prior",
      "label": "上年政府业务",
      "value": 552.983,
      "source": "pltr_pdf",
      "location": "PDF p.19, Government revenue, numeric column 1; USD thousands / 1000",
      "source_excerpt": " Government revenue   $   990,032   $   552,983   $ 1,848,442   $ 1,039,946 ",
      "classification": "ACTUAL",
      "unit": "USD million",
      "period": "2025 Q2",
      "basis": "GAAP",
      "excerpt": " Government revenue   $   990,032   $   552,983   $ 1,848,442   $ 1,039,946 "
    },
    "commercial": {
      "id": "commercial",
      "label": "商业业务",
      "value": 945.432,
      "source": "pltr_pdf",
      "location": "PDF p.19, Commercial revenue, numeric column 0; USD thousands / 1000",
      "source_excerpt": "Commercial revenue   945,432   450,714   1,719,605   847,606 ",
      "classification": "ACTUAL",
      "unit": "USD million",
      "period": "2026 Q2",
      "basis": "GAAP",
      "excerpt": "Commercial revenue   945,432   450,714   1,719,605   847,606 "
    },
    "commercial_prior": {
      "id": "commercial_prior",
      "label": "上年商业业务",
      "value": 450.714,
      "source": "pltr_pdf",
      "location": "PDF p.19, Commercial revenue, numeric column 1; USD thousands / 1000",
      "source_excerpt": "Commercial revenue   945,432   450,714   1,719,605   847,606 ",
      "classification": "ACTUAL",
      "unit": "USD million",
      "period": "2025 Q2",
      "basis": "GAAP",
      "excerpt": "Commercial revenue   945,432   450,714   1,719,605   847,606 "
    },
    "cash": {
      "id": "cash",
      "label": "现金及等价物",
      "value": 2030.047,
      "source": "pltr_pdf",
      "location": "PDF p.3, Cash and cash equivalents, numeric column 0; USD thousands / 1000",
      "source_excerpt": "Cash and cash equivalents   $   2,030,047   $   1,423,796 ",
      "classification": "ACTUAL",
      "unit": "USD million",
      "period": "2026 Q2",
      "basis": "GAAP",
      "excerpt": "Cash and cash equivalents   $   2,030,047   $   1,423,796 "
    },
    "marketable": {
      "id": "marketable",
      "label": "有价证券",
      "value": 7379.052,
      "source": "pltr_pdf",
      "location": "PDF p.3, Marketable securities, numeric column 0; USD thousands / 1000",
      "source_excerpt": "Marketable securities   7,379,052   5,753,247 ",
      "classification": "ACTUAL",
      "unit": "USD million",
      "period": "2026 Q2",
      "basis": "GAAP",
      "excerpt": "Marketable securities   7,379,052   5,753,247 "
    },
    "ar": {
      "id": "ar",
      "label": "应收账款",
      "value": 1485.249,
      "source": "pltr_pdf",
      "location": "PDF p.3, Accounts receivable, net, numeric column 0; USD thousands / 1000",
      "source_excerpt": "Accounts receivable, net   1,485,249   1,042,065 ",
      "classification": "ACTUAL",
      "unit": "USD million",
      "period": "2026 Q2",
      "basis": "GAAP",
      "excerpt": "Accounts receivable, net   1,485,249   1,042,065 "
    },
    "assets": {
      "id": "assets",
      "label": "总资产",
      "value": 11678.564,
      "source": "pltr_pdf",
      "location": "PDF p.3, Total assets, numeric column 0; USD thousands / 1000",
      "source_excerpt": "Total assets   $   11,678,564   $   8,900,392 ",
      "classification": "ACTUAL",
      "unit": "USD million",
      "period": "2026 Q2",
      "basis": "GAAP",
      "excerpt": "Total assets   $   11,678,564   $   8,900,392 "
    },
    "liabilities": {
      "id": "liabilities",
      "label": "总负债",
      "value": 1793.68,
      "source": "pltr_pdf",
      "location": "PDF p.3, Total liabilities, numeric column 0; USD thousands / 1000",
      "source_excerpt": "Total liabilities   1,793,680   1,412,381 ",
      "classification": "ACTUAL",
      "unit": "USD million",
      "period": "2026 Q2",
      "basis": "GAAP",
      "excerpt": "Total liabilities   1,793,680   1,412,381 "
    },
    "equity": {
      "id": "equity",
      "label": "总权益",
      "value": 9884.884,
      "source": "pltr_pdf",
      "location": "PDF p.3, Total equity, numeric column 0; USD thousands / 1000",
      "source_excerpt": "Total equity   9,884,884   7,488,011 ",
      "classification": "ACTUAL",
      "unit": "USD million",
      "period": "2026 Q2",
      "basis": "GAAP",
      "excerpt": "Total equity   9,884,884   7,488,011 "
    },
    "other": {
      "id": "other",
      "label": "利息及其他净收益",
      "value": 169.341,
      "source": "CALCULATED",
      "location": "利息收入 + 其他净收益",
      "source_excerpt": "",
      "classification": "CALCULATED",
      "unit": "USD million",
      "period": "2026 Q2",
      "basis": "GAAP",
      "inputs": [
        "interest",
        "other_income"
      ],
      "formula": "利息收入 + 其他净收益"
    },
    "cfo": {
      "id": "cfo",
      "label": "经营现金流",
      "value": 1216.167,
      "source": "pltr_release",
      "location": "Adjusted Free Cash Flow reconciliation: 1,216,167 thousand",
      "source_excerpt": "",
      "classification": "ACTUAL",
      "unit": "USD million",
      "period": "2026 Q2",
      "basis": "GAAP"
    },
    "cfo_prior": {
      "id": "cfo_prior",
      "label": "上年经营现金流",
      "value": 539.251,
      "source": "pltr_release",
      "location": "Adjusted Free Cash Flow reconciliation: 539,251 thousand",
      "source_excerpt": "",
      "classification": "ACTUAL",
      "unit": "USD million",
      "period": "2025 Q2",
      "basis": "GAAP"
    },
    "capex_positive": {
      "id": "capex_positive",
      "label": "现金资本开支",
      "value": 14.554,
      "source": "pltr_release",
      "location": "Adjusted Free Cash Flow reconciliation: 14,554 thousand",
      "source_excerpt": "",
      "classification": "ACTUAL",
      "unit": "USD million",
      "period": "2026 Q2",
      "basis": "GAAP"
    },
    "adj_fcf": {
      "id": "adj_fcf",
      "label": "调整后自由现金流",
      "value": 1220.359,
      "source": "pltr_release",
      "location": "Adjusted Free Cash Flow reconciliation",
      "source_excerpt": "",
      "classification": "ACTUAL",
      "unit": "USD million",
      "period": "2026 Q2",
      "basis": "GAAP"
    },
    "cash_payroll": {
      "id": "cash_payroll",
      "label": "SBC 相关现金工资税",
      "value": 18.746,
      "source": "pltr_release",
      "location": "Adjusted Free Cash Flow reconciliation",
      "source_excerpt": "",
      "classification": "ACTUAL",
      "unit": "USD million",
      "period": "2026 Q2",
      "basis": "GAAP"
    },
    "sbc": {
      "id": "sbc",
      "label": "股权激励",
      "value": 265.209,
      "source": "pltr_release",
      "location": "SBC expense reconciliation",
      "source_excerpt": "",
      "classification": "ACTUAL",
      "unit": "USD million",
      "period": "2026 Q2",
      "basis": "GAAP"
    },
    "adj_op": {
      "id": "adj_op",
      "label": "调整后营业利润",
      "value": 1194.472,
      "source": "pltr_release",
      "location": "Adjusted income from operations reconciliation",
      "source_excerpt": "",
      "classification": "ACTUAL",
      "unit": "USD million",
      "period": "2026 Q2",
      "basis": "GAAP"
    },
    "payroll": {
      "id": "payroll",
      "label": "SBC 相关工资税",
      "value": 17.259,
      "source": "pltr_release",
      "location": "Adjusted income from operations reconciliation",
      "source_excerpt": "",
      "classification": "ACTUAL",
      "unit": "USD million",
      "period": "2026 Q2",
      "basis": "GAAP"
    },
    "guide_low": {
      "id": "guide_low",
      "label": "Q3 收入下限",
      "value": 2160,
      "source": "pltr_release",
      "location": "Outlook",
      "source_excerpt": "",
      "classification": "GUIDANCE",
      "unit": "USD million",
      "period": "2026 Q3",
      "basis": "GAAP"
    },
    "guide_high": {
      "id": "guide_high",
      "label": "Q3 收入上限",
      "value": 2164,
      "source": "pltr_release",
      "location": "Outlook",
      "source_excerpt": "",
      "classification": "GUIDANCE",
      "unit": "USD million",
      "period": "2026 Q3",
      "basis": "GAAP"
    },
    "fy_low": {
      "id": "fy_low",
      "label": "FY2026 收入下限",
      "value": 8150,
      "source": "pltr_release",
      "location": "Outlook",
      "source_excerpt": "",
      "classification": "GUIDANCE",
      "unit": "USD million",
      "period": "FY2026",
      "basis": "GAAP"
    },
    "fy_high": {
      "id": "fy_high",
      "label": "FY2026 收入上限",
      "value": 8158,
      "source": "pltr_release",
      "location": "Outlook",
      "source_excerpt": "",
      "classification": "GUIDANCE",
      "unit": "USD million",
      "period": "FY2026",
      "basis": "GAAP"
    },
    "fcf": {
      "id": "fcf",
      "label": "现金流减资本开支",
      "value": 1201.6129999999998,
      "source": "CALCULATED",
      "location": "CFO − 资本开支；非 GAAP 标准定义",
      "source_excerpt": "",
      "classification": "CALCULATED",
      "unit": "USD million",
      "period": "2026 Q2",
      "basis": "GAAP",
      "inputs": [
        "cfo",
        "capex_positive"
      ],
      "formula": "CFO − 资本开支；非 GAAP 标准定义"
    },
    "revenue_yoy": {
      "id": "revenue_yoy",
      "label": "收入同比",
      "value": 92.8334945705726,
      "source": "CALCULATED",
      "location": "(本季收入 / 上年同期 − 1) × 100",
      "source_excerpt": "",
      "classification": "CALCULATED",
      "unit": "%",
      "period": "2026 Q2",
      "basis": "GAAP",
      "inputs": [
        "revenue",
        "revenue_prior"
      ],
      "formula": "(本季收入 / 上年同期 − 1) × 100"
    }
  },
  "checks": [
    {
      "id": "revenue_segments",
      "delta": 0,
      "tolerance": 0.000001,
      "status": "PASS"
    },
    {
      "id": "gross",
      "delta": 0,
      "tolerance": 0.000001,
      "status": "PASS"
    },
    {
      "id": "operating_result",
      "delta": 0,
      "tolerance": 0.000001,
      "status": "PASS"
    },
    {
      "id": "net_result",
      "delta": 0,
      "tolerance": 0.000001,
      "status": "PASS"
    },
    {
      "id": "net_attribution",
      "delta": 0,
      "tolerance": 0.000001,
      "status": "PASS"
    },
    {
      "id": "adjusted_fcf",
      "delta": 0,
      "tolerance": 0.000001,
      "status": "PASS"
    },
    {
      "id": "adjusted_op",
      "delta": 0,
      "tolerance": 0.000001,
      "status": "PASS"
    },
    {
      "id": "balance_sheet",
      "delta": 0,
      "tolerance": 0.000001,
      "status": "PASS"
    }
  ],
  "issues": [],
  "basis": "GAAP",
  "status": {
    "technical": "DATA_CHECKS_PASS",
    "minto": "PENDING_NOT_PUBLISHED",
    "research": "VERIFIED_FOR_DISPLAYED_SCOPE_WITH_DISCLOSED_LIMITS"
  },
  "segments": [
    "gov",
    "commercial"
  ],
  "costs": [
    "sales",
    "rd",
    "sga"
  ],
  "cashMetrics": [
    "cfo",
    "capex_positive",
    "fcf"
  ],
  "stockMetrics": [
    "cash",
    "marketable"
  ],
  "main": "商业业务加速，利润率继续抬升",
  "story": "政府与商业收入共同增长。股权激励仍是调整后利润的重要加回项，合同签约额不能直接当作收入。",
  "cashNote": "图中 FCF 为 CFO 减资本开支。公司调整后 FCF 另外加回 SBC 相关现金工资税，不称为 GAAP FCF。",
  "flowNote": "合并净利润进一步分为普通股股东净利润与少数股东损益；不会混用两种净利润。",
  "guide": [
    {
      "label": "Q3 营业收入",
      "lo": "guide_low",
      "hi": "guide_high",
      "unit": "亿美元"
    },
    {
      "label": "FY2026 营业收入",
      "lo": "fy_low",
      "hi": "fy_high",
      "unit": "亿美元"
    }
  ],
  "guideNote": "官方收入区间不是内部预测；TCV 通常假设期权全部行使且合同不终止，与已确认收入不同。",
  "watch": [
    "美国商业扩张、合同向收入与现金的转化",
    "股权激励、股数及应收账款变化"
  ],
  "data_hash": "d77bd14b1ac05fc4ec2f675f3a8d582d7174ac653006f509951b47d993846512"
}